Originally Posted by
hardt
This thread has seen the prospectus about 100 times, a flat first half was expected - we got a minor underperformance.
Domestic market performed well, we can see where this result fell short, let us imagine export revenues were flat - we would have seen 2-4% EBITDA growth.
But for the export performance this was actually alright.. they say this was "as expected" not so sure about that though.
"higher costs have been incurred due to additional investment to drive growth, particularly in Australia as we expanded the export sales team, incurred higher distribution costs and established new product lines in new channels" - hmm